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Search: Posts Made By: Boeingpilot738
Showing results 1 to 35 of 51
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Forum: Australia, New Zealand & the Pacific
5th Sep 2020, 10:38
Replies: 1,145
Views: 426,829
Posted By Boeingpilot738

I’m tipping he was kept on as a conduit between...

I’m tipping he was kept on as a conduit between staff and Bain/administrators until after the second creditors meeting and he’ll be ‘spending more time with the family’ by Christmas, if not before.
Forum: Australia, New Zealand & the Pacific
1st Sep 2020, 20:16
Replies: 46
Views: 14,236
Posted By Boeingpilot738

Not just Virgin Sunfish, every airline/charter...

Not just Virgin Sunfish, every airline/charter organisation. From memory there were changes a few years ago regarding what Loss of Licence did and did not cover, particularly in the mental health...
Forum: Australia, New Zealand & the Pacific
31st Aug 2020, 10:20
Replies: 46
Views: 14,236
Posted By Boeingpilot738

The insurance issue aside, surely the doctor is...

The insurance issue aside, surely the doctor is on the hook if he’s continued to issue a medical in the face of a Pshychiatrist’s report? Why would any doctor allow themselves to be put in that...
Forum: Australia, New Zealand & the Pacific
31st Aug 2020, 07:18
Replies: 46
Views: 14,236
Posted By Boeingpilot738

So 2 Pshychiatrist’s gave independent advice to...

So 2 Pshychiatrist’s gave independent advice to Virgin to say that a pilot was medically unfit to fly and they ignored the advice and renewed the medical or simply disappeared the reports? And this...
Forum: Australia, New Zealand & the Pacific
31st Aug 2020, 06:47
Replies: 46
Views: 14,236
Posted By Boeingpilot738

I may have missed it, did it say somewhere that...

I may have missed it, did it say somewhere that he wasn’t legally licensed at some point and still flying?
Forum: Australia, New Zealand & the Pacific
31st Aug 2020, 06:16
Replies: 46
Views: 14,236
Posted By Boeingpilot738

If you walked into a DAME’s office and said “Doc,...

If you walked into a DAME’s office and said “Doc, I’m not fit fly, I’ve got a lot going on and I’ve got some mental health issues” it seems unlikely that the doc would stamp the extension and send...
Forum: Australia, New Zealand & the Pacific
29th Aug 2020, 02:11
Replies: 1,145
Views: 426,829
Posted By Boeingpilot738

I’m not buying into hysteria but you really think...

I’m not buying into hysteria but you really think when it’s put out for vote there won’t be a “the alternative to this agreement not being voted up is.....” statement? What’s in it is indeed crystal...
Forum: Australia, New Zealand & the Pacific
29th Aug 2020, 01:00
Replies: 1,145
Views: 426,829
Posted By Boeingpilot738

I suspect the ‘A’ in agreement will be much like...

I suspect the ‘A’ in agreement will be much like the vote on the DOCA, it won’t be a choice.
Forum: Australia, New Zealand & the Pacific
28th Aug 2020, 22:21
Replies: 1,145
Views: 426,829
Posted By Boeingpilot738

Yes, Strawbridge said ‘may not be eligible for...

Yes, Strawbridge said ‘may not be eligible for Jobkeeper’ I took it as finally getting some accurate information from the source rather than seeing it written in the paper first.
Forum: Australia, New Zealand & the Pacific
27th Aug 2020, 07:46
Replies: 1,145
Views: 426,829
Posted By Boeingpilot738

So has private equity ever done anything good?...

So has private equity ever done anything good? Bain Capital specifically? All we hear about here is doom and gloom.
Forum: Australia, New Zealand & the Pacific
26th Aug 2020, 13:28
Replies: 1,145
Views: 426,829
Posted By Boeingpilot738

It was money for jam for this lot, they weren’t...

It was money for jam for this lot, they weren’t doing anything except sending the company broke
Forum: Australia, New Zealand & the Pacific
26th Aug 2020, 10:12
Replies: 1,145
Views: 426,829
Posted By Boeingpilot738

We really are in the wrong business aren’t we

We really are in the wrong business aren’t we
Forum: Australia, New Zealand & the Pacific
25th Aug 2020, 22:43
Replies: 1,145
Views: 426,829
Posted By Boeingpilot738

So the directors consider that the business...

So the directors consider that the business hasn’t failed because it’s been purchased by Bain??? While technically correct I guess, what are these people smoking?
Forum: Australia, New Zealand & the Pacific
25th Aug 2020, 06:19
Replies: 1,145
Views: 426,829
Posted By Boeingpilot738

So the company was insolvent from the 18th or...

So the company was insolvent from the 18th or 22nd of March....correct? And if so who takes responsibility and how can they slither out of it?
Forum: Australia, New Zealand & the Pacific
25th Aug 2020, 03:21
Replies: 1,145
Views: 426,829
Posted By Boeingpilot738

Yep, all creditors do.

Yep, all creditors do.
Forum: Australia, New Zealand & the Pacific
25th Aug 2020, 01:36
Replies: 1,145
Views: 426,829
Posted By Boeingpilot738

Why shouldn’t they be on the hook? It was their...

Why shouldn’t they be on the hook? It was their decisions (or lack thereof) that led to this. Coronavirus finished it off but the problems started long before that.
Forum: Australia, New Zealand & the Pacific
24th Aug 2020, 00:43
Replies: 1,145
Views: 426,829
Posted By Boeingpilot738

True, but no doubt Bain’s proposal isn’t steeped...

True, but no doubt Bain’s proposal isn’t steeped in benevolence, perhaps we’re just getting the lesser of 2 evils. It’s not like we have a choice in the matter.
Forum: Australia, New Zealand & the Pacific
23rd Aug 2020, 21:22
Replies: 1,145
Views: 426,829
Posted By Boeingpilot738

Basically reads like Broad Peak and Tor we’re...

Basically reads like Broad Peak and Tor we’re prepared to hang the other bondholders out to dry as long as they got more for themselves.
Forum: Australia, New Zealand & the Pacific
20th Aug 2020, 12:01
Replies: 1,145
Views: 426,829
Posted By Boeingpilot738

So back on track from ‘finals’ and Deloitte’s’,...

So back on track from ‘finals’ and Deloitte’s’, what’s the bondholders next move? Have they got one? They don’t seem the type to go quietly into the night.
Forum: Australia, New Zealand & the Pacific
17th Aug 2020, 05:44
Replies: 1,145
Views: 426,829
Posted By Boeingpilot738

Don’t think he’s spoken has he, that quote was...

Don’t think he’s spoken has he, that quote was from the Deloitte lawyer. Seems like it’s been adjourned.
Forum: Australia, New Zealand & the Pacific
17th Aug 2020, 02:08
Replies: 1,145
Views: 426,829
Posted By Boeingpilot738

Thanks for taking the time Mick, appreciated.

Thanks for taking the time Mick, appreciated.
Forum: Australia, New Zealand & the Pacific
17th Aug 2020, 00:52
Replies: 1,145
Views: 426,829
Posted By Boeingpilot738

Today’s 2.15 hearing, can anyone shed any light...

Today’s 2.15 hearing, can anyone shed any light on what it’s actually for? To allow the Bondholders access to creditors or to allow them to present their DOCA on 4th of September? I thought the judge...
Forum: Australia, New Zealand & the Pacific
16th Aug 2020, 11:16
Replies: 1,145
Views: 426,829
Posted By Boeingpilot738

Still creditors I believe as the redundancy date...

Still creditors I believe as the redundancy date is after the vote. Stand to be corrected
Forum: Australia, New Zealand & the Pacific
16th Aug 2020, 10:53
Replies: 1,145
Views: 426,829
Posted By Boeingpilot738

Its got to come down to 2 things, surely, who can...

Its got to come down to 2 things, surely, who can slash as much debt off the $6.8billion as possible and between $605 million in flight credits and a stuffed domestic market for the next however...
Forum: Australia, New Zealand & the Pacific
16th Aug 2020, 09:36
Replies: 1,145
Views: 426,829
Posted By Boeingpilot738

They don’t need the largest value do they? If the...

They don’t need the largest value do they? If the vote is split the deciding vote goes to Deloitte and we know which way they’ll vote.
Forum: Australia, New Zealand & the Pacific
13th Aug 2020, 05:46
Replies: 1,145
Views: 426,829
Posted By Boeingpilot738

October 6th? Delayed by another month?

October 6th? Delayed by another month?
Forum: Australia, New Zealand & the Pacific
12th Aug 2020, 23:17
Replies: 1,145
Views: 426,829
Posted By Boeingpilot738

But why the continued suggestion that VA staff...

But why the continued suggestion that VA staff don’t understand this?
Forum: Australia, New Zealand & the Pacific
12th Aug 2020, 22:00
Replies: 1,145
Views: 426,829
Posted By Boeingpilot738

Again...why do you assume that “us poor guys”...

Again...why do you assume that “us poor guys” don’t understand what’s happening?

You’ve talked a lot about Bain’s exit strategy. With the ‘guesse’s’ ‘probably’s’ and ‘maybe’s’ from the above post,...
Forum: Australia, New Zealand & the Pacific
12th Aug 2020, 10:32
Replies: 1,145
Views: 426,829
Posted By Boeingpilot738

No need to feel sorry for us, we don’t need your...

No need to feel sorry for us, we don’t need your pity. Bain haven’t blind sided anyone, we know what’s coming, we’ve known it for months and despite knowing it, there’s still not a damn thing we can...
Forum: Australia, New Zealand & the Pacific
11th Aug 2020, 01:49
Replies: 1,145
Views: 426,829
Posted By Boeingpilot738

I’d really like to know who these people are that...

I’d really like to know who these people are that he’s hearing this from, I’ve spoken to at least half a dozen A330 and 777 crew over the last few days, both cabin and flight crew and this simply...
Forum: Australia, New Zealand & the Pacific
2nd Aug 2020, 12:30
Replies: 1,145
Views: 426,829
Posted By Boeingpilot738

I doubt anyone here really knows, do you?

I doubt anyone here really knows, do you?
Forum: The Pacific: General Aviation & Questions
2nd Aug 2020, 10:15
Replies: 23
Views: 7,550
Posted By Boeingpilot738

He’s a tool to be sure but did you see the...

He’s a tool to be sure but did you see the pictures of St Kilda Beach today? People just aren’t getting it.
Forum: Australia, New Zealand & the Pacific
13th Jul 2020, 11:43
Replies: 49
Views: 20,097
Posted By Boeingpilot738

Plenty? Really?

Plenty? Really?
Forum: Australia, New Zealand & the Pacific
12th Jul 2020, 00:32
Replies: 1,145
Views: 426,829
Posted By Boeingpilot738

Call me stupid but why would Bain be prepared to...

Call me stupid but why would Bain be prepared to put up over $600 million as an immediate injection along with presumably $20-50 million so far in costs of getting the process to here if they weren’t...
Forum: Australia, New Zealand & the Pacific
10th Jul 2020, 06:19
Replies: 1,145
Views: 426,829
Posted By Boeingpilot738

Does anyone know what they’re getting from Bain?...

Does anyone know what they’re getting from Bain? (I think that’s the problem, not even the bondholders know) but if it’s more than zero I would have guessed that it’ll be more than what they’d get in...
Showing results 1 to 35 of 51
 
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